Frédéric Bastiat is justifiably famous among believers in liberty. His many classic contributions include The Law and his essays “Government” and “That Which Is Seen and That Which Is Not Seen,” not...
Gary Galles
Gary M. Galles is a Professor of Economics at Pepperdine University and an adjunct scholar at the Ludwig von Mises Institute. He is also a research fellow at the Independent Institute, a member of the Foundation for Economic Education faculty network, and a member of the Heartland Institute Board of Policy Advisors.
His research focuses on public finance, public choice, economic education, organization of firms, antitrust, urban economics, liberty, and the problems that undermine effective public policy. His scholarly articles have appeared in The European Journal of the History of Economics Thought, The American Economist, The Journal of Libertarian Studies, The Journal of Economics and Finance Education, The American Journal of Economics and Sociology, The Atlantic Economic Review, The Journal of Social, Political and Economic Studies, and The Independent Review. He has also authored well over 1,000 articles for general audiences, in dozens of outlets. In addition to his most recent book, Pathways to Policy Failures (2020), his books include Lines of Liberty (2016), Faulty Premises, Faulty Policies (2014), and Apostle of Peace (2013).
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Henry Hazlitt, a great champion of liberty and Austrian economics, was born on November 28, 1894. His most famous book, Economics in One Lesson, remains a best seller thirty years after his death.
One of the cliches of the New Deal was that businesses were entitled to a “fair” profit. Leonard Read astutely pointed out that profits (and losses) have nothing to do with “fairness.”
